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three had a hell bent energy to make themselves successful with the backdrop of segregation in america and i think they thought they could fight their way into the headlines from adam clayton powell and church politics around america with the u.s. congress and sammy davis, jr., nightclubs in the forties and fifties and sugar ray robinson as a peer championship vacillate. >> host: we are very bad teaching history and the civil-rights movement is taught as if it sprung fully from tastefully formed from dr. king as if there was no groundwork laid before that but in all three men the use the evidence of that groundwork and california idea that we will challenge racism in ways that maybe will inspire people with a lot of unintended consequences and with sugar ray robinson there is a brilliant chapter about his experience in the u.s. army and comparing and contrasting his demeanor as a corporal in the u.s. army with the experience of his running buddy joe louis. can you speak about his army experience? he was a young fighter but very famous. what was his experience in the army and how did he
of a hell bent energy to make themselves successful against the backdrop of segregation in america. and i think that they thought if they could fight their way into the headlines, adam clayton powell and church politics around america, u.s. congress, sammy davis jr., night clubs in the 1940's and 50's and than sugar ray robinson has a pure championship athlete. >> host: i think we are bad at teaching history in this country and oftentimes the civil rights movement is taught is as if it is spring forward from dr. king in the 50's as if there wasn't groundwork laid before that. and in all three men as well you see evidence of that ground work and the idea of we are going to challenge racism in ways that may be will inspire people and unintended consequences if you will, and about to take it to sugar ray robinson you have a brilliant chapter in the book about the experience in the u.s. army and comparing and contrasting his demeanor as i believe a corporal in the u.s. army with the experience of the sort of running buddy joe louis. can you speak a little bit about sugar ray robinson's experi
across central america, and the planting of the sea that was to become the panama canal. the crushing of the notorious american filibuster, william walker. the destruction of the confederate ironclad merrimack and the safeguarding of the union's gold shipments both of which played a seminal role in winning the civil war and the birth of the modern corporation. the consolidation of the great new york rail lines, the growth of new york city into the first city of america and the major world hub of finance and trade complete with its first grand central station. vendor build played a major part jor part in all of these events and more his life left its mark. he started in business at the very epitome of a jacksonian ideal. the working man does wearing only a level playing field. he ended it as a symbol of inequality of monopoly in the gilded age, when he made americans question the dangers of gigantism in business. he was instrumental in acquainting americans with the very idea of the modern corporation. when the cornelius vanderbilt was a young man americans worked almost exclusively as
a much higher failure rate and other loans. bank of america for example in 2008 said it loans were 7 percent of their loan foreclosures but 29 percent of the losses. >> host: was that the key to beating factor to washington mutual going down and bank of america, countrywide in now citibank palin bankruptcy? >> guest: it wasn't a lot of those cases because the commitments from some of the banks are literally hundreds of billions of dollars. >> host: we are wayne ad of kansas aren't we? we have gone to holdren level. so the big garamendi is forcing the banks to make loans to people who've accounting things like food stamps and welfare as income, it is off the charts trouble. so from there the bank of dallas. pretty in fannie. it except these because of a go south on will sam will take care and then the banks sell those to wall street, wall street picks up the commercial paper, they are treating the commercial paper but in order to ensure against a risk the mark and stanley and goldman, the investment house is out there that are taking risks, usually his there is insurance that, for the
're not telling me who guided to back ? everybody in america gets 0 interest loans. >> we would have a very different america. i tell you, the new york fed actually is extending more money and had more open plans to the banking system. we are talking about the 2 trillion. altman the there was about 6 trillion worth of facilities created, much of went to the new york fed. they don't necessarily aggregate. their is a lot of other stuff that isn't even your being looked at. >> to knows about this? >> it is causing a public. not what collateral has been posted and what banks have received blood money. you are trying to get to the bottom of that information. but when those facilities were open, when they were created. it wasn't a big media press release. there is information you can see from digging through the web sites. >> you can do it. >> no. you can't do it. there is no way you can go on a fed website or treasury web site. what did you spend? when did disbanded? there is no report that exists like that. >> all right. i'm going to put you on the spot. based on his record as head of the new y
homeownership in america. >> by not getting loaned you were saying that they last creditworthiness? >> exactly. >> do you have substantiation to back that up that when you do actual studies, objective studies, and you remove other variables, was there to evidence of discrimination? >> there was not. you can see that on a couple of levels. first is as i mentioned earlier, a black owned bank actually have a worse record of rejection, of minority app against it indicates that we're not talking to a racial component here. there is something else. >> i don't understand. you said acorn had pushed this. they had a believe in discrimination and you said studies prove there isn't. what was acorn getting out of the? >> there's a couple of things. number one, i argued this was really not about fighting discrimination. this was about income redistribution. >> because often with acorn, you see they are trying to get housing for people that are poor, they can somehow get in it, and they are looking on as a good service organization. >> right. >> what you say? >> i would say that's not true on a couple of le
are in two separate worlds. >> guest: yes. >> host: something like 40% of the profits in america is now being made on wall street. rather an extraoridnary number. >> guest: it's an extraordinary number. in new york city it is an even greater proportion of what revenue comes into the city. it is an obscene number because it is really not predicated on the creation of a day. we arm still talking about assets that pretend to have value and that are rated to have value. all these other agencies like the rating agencies and moody's that come in and set values by deciding that these assets are worth a certain amount of that they have certain quality attach to them. if you call something aaa it sounds really good, and investors buy it and pension funds buy it and individuals hear about it from their local bankers. and so basically this i nfiltrates the entire system. >> host: i remember the budget committee. we had paulson. i said paulson, back in my state the middle-class is in a whole lot of trouble. people are struggling. people losing their jobs. their income is going down between the rich and e
. i think 40 percent of the profits in america are now being made on wall street? >> guest: that is an extraordinary number and did new york city it is a greater proportion. it is an obscene number because it really is not predicated on the creation of anything. we're still talking about assets that pretend to have value. they're all these other agencies that work with wall street like the rating agencies and s&p and moody's a stamp value by deciding the assets are worth a certain amount or they have a certain equality called aaa and it sounds good and the pension funds buy it and the states buy it and individuals hear about it from their local bankers. basically infiltrates the entire system. >> host: i remember we had hank paulson and i said mr. paulson back in my state the middle class is in trouble and people are struggling, losing their job come income going down, the growing gap between the rich and everybody else and what is your sense? bill micki says the economy is really good. year after year this would is aggravating we heard from the bush administration and from
eight. we have a few minutes more now to talk about an america of the other things witnessed by whitaker chambers, about two or three minutes can you tell us about that book and his relationship with alger hiss? >> guest: yes i can. i thought it was important for the argument of my book to have a homegrown american communist, my three others of course are europeans. whitaker chambers was an american journalist, columbia job routt -- dropout who got involved in radical politics and joined the american communist party and soon thereafter went underground, that is actually became an espionage agent for the russians. his job was as a career taking documents that were stolen by other spies in washington, having them photographed and hold us by routine. and one of the people, one of the washington's bias according to his allegations, and as now is almost definitively demonstrated by historical documents of various kinds, one of his colleagues was a man named alger hiss. alger hiss was a high ranking civil servant. he had been in the state department, he had a lot of experience with government.
would realize that their interest lie first with america's forces and then with the government of iraq. they didn't have a way of influencing them. we had a very sophisticated in baghdad and around baghdad in order to be able to secure the population. we can talk in length about that. >>>> host: absolutely. we're going to delve into one neighborhood. first i want to talk about insurgence. as a military officer, you know no plan served first contact. the enemy always has a vote. on the sectarian violence, on the violence, who did we deem -- who was the most dangerous? what was the enemy? >> i think we in the united states from reading the press had an impression that a lot of the violence in iraq was random. there were so many neighbors at war that it was really difficult to understand why a car bomb was going off in a particular neighborhood. and it looked randomly violent to us. on the contrary, there were groups fighting one another for control of baghdad. the chief enemy group that was insighting the greatest degree of violence was the of course al qaeda in iraq. which was affiliate
america foundation, talks about his book, "to live or to perish forever." it is an account of the two years he lived in pakistan beginning in 2006. he discusses his book with new york post columnist and fox news strategic analyst ralph peters. mr. peters is the author of many books, the latest of which is looking for trouble, adventures in a broken world. >> host: welcome. i am ralph peters, and it is my distinct privilege and a whole lot of fun to be able to speak today with one of the most talented young writers i've ever met, and a very brave young man, author nicholas schmidle, his book is "to live or to perish forever: two tumultuous years in pakistan." and they were indeed tumultuous years. welcome. great to see you. congratulations on such a terrific book as a fellow writer, i am jealous but i love you anyway. >> guest: thanks, ralph. >> host: this book has a great back story. at the ripe old age of 27, newly married, you persuade your wife that a great idea for a honeymoon would be to go to pakistan and live among the people for two years. we will set aside now how your wife r
and giving the risk takers of america the opportunity to go out and pursue their dream, we have got to create a stable marketplace which h.r. 3692 will do with a national health insurance purchasing exchange. i thank ewe, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from georgia rise? >> i ask unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: without objection. >> thank you, mr. speaker. the pelosi health care plan raises premiums, raises taxes, cuts medicare, and costs over concerned about it, there are 1,990 pages that will give you all kinds of excuses. the good news is, there are about 20 votes short. the bad news is, it's time to make a deal in washington. so if you're a swing democrat and you need a road or a bridge or new building or a federal earmark in your district, walk down the hall and see the speaker and put your vote on the bargaining block and you, too, can be won over in terms of government sponsored health care. this is no way to run a republic. there are alternatives. targeted, marke
informed. government ought not take over america's health biz, and that's just the way it is. . the speaker pro tempore: for what purpose does the gentleman from new york rise? >> to address the house for one minute. the speaker pro tempore: without objection. >> well, as president reagan used to say, there you go again. the crowd of the 1960's who said that would bring the -- bring socialized health care to the united states are now opposing health care for all. saying it will bring socialized medicine and all skinds of ills. we have 46 million americans who don't have health coverage that will grow to 50 million or more, so people who have
Search Results 0 to 14 of about 15 (some duplicates have been removed)